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Economists are praising the Reserve Bank's decision to build up its foreign currency assets. Â
It's bought and borrowed to drive its total foreign currency holdings up by a third, to a total of almost $18 billion. Â
Westpac Chief Economist, Kelly Eckhold, says it will give a signal the central bank is willing to step in if there's a shock to the economy. Â
He told Tim Dower that the move should reassure people. Â
Eckhold says it would be worrying if the bank didn't have the capacity.Â
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